
-MARKET UPDATE-
Hello, hello! I'm writing you from our downtown Davis office where it hasn't stopped raining and thinking to myself "at least we got a nice 3-day weekend before this two-week stretch of rain!" I spent the weekend in Los Angeles and had the best time at Redondo Beach. If you like seafood and beer, there’s a brewery with over 100 beers on one side and a fresh seafood market on the other. I highly recommend the Micheladas at the seafood market.
In real estate news, we currently have 81 active listings and 39 pending properties in the Woodland market.
Over the past two weeks, we have seen the following:
- Twenty-six new listings came on the market (ten have already gone pending).
- Prices range from $374,900 to $729,000.
- The median active price is $564,000 (avg. $548,363).
- Seventeen listings went pending ranging in price from $435,000 to $1,295,000.
- The median pending price is $550,750 (average $643,814).
- Six of the pending listings received multiple offers.
- Twenty-two listings closed escrow.
- The median closed price was $625,000 (average $672,727).
- Six closings received multiple offers.
- Fifteen properties closed under the list price, and seven closed over.
- Sixteen closings were conventional financing, three cash, two FHA, and one VA financing.

There's been a dip in incoming inventory, which is expected this time of year. The holidays are around the corner, and the weather is cold and rainy. For many, buying a home in the winter isn’t ideal, but if you can, this is when buyers tend to have the most leverage. Less competition means you may have a better shot at a good deal.
If you're thinking, "I'll wait until spring to start looking again," consider holding off on that thought. Fifty-one percent of the listings in Woodland have had a price reduction, so there’s definitely some wiggle room for buyers right now
Best,
Marcela Cardenas
(916) 384-5661
DRE# 02251851
- NEARBY HAPPENINGS -

The HIVE’s 4th anniversary - Saturday Nov. 15th 11 PM - 5 PM 1221 Harter Ave
– PICK OF THE WEEK –

PANTRUCAS - SOUP RECIPE
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